signal strength 5 of 5
The Triple Top pattern has formed on the chart of the AUDUSD D1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.6357/0.6408 with the upper limit 0.6515/0.6546; the projection of the width is 158 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.6357, the price is most likely to continue the downward movement.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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On the chart of the GBPAUD M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
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The Double Top reversal pattern has been formed on GBPAUD M15. Characteristics: the upper boundary 2.0517; the lower boundary 2.0491; the width of the pattern is 28 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6602/0.6590
The M5 and M15 time frames may have more false entry points.
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